Sterling Metals Corp. · TSXV:SAG
Sterling Metals — Investor Presentation (November 2023)
22 slides from Sterling Metals's investor presentation, November 2023
Slide 1: Unlocking Canada's Copper Potential
CORPORATE PRESENTATION – NOVEMBER 2023 TSXV: SAG | OTCQB: SAGGF UNLOCKING CANADA’S COPPER POTENTIAL
Slide 2: Disclaimer
DISCLAIMER Cautionay Note Regarding Foward-looking Information Market and Industry Data (continued) This presentation is intended to be strictly informational. Sterling Metals Corp. (“Sterling Metals” or the References in this presentation to reports and publications should not be construed as depic
Slide 3: Copper: An Essential Resource
COPPER: AN ESSENTIAL RESOURCE VITAL TO THE ENERGY TRANSITION LACK OF COPPER DISCOVERIES1 SELECTED MAJOR DEPOSITS, >3MT CONTAINED CU • Path to net-zero requires an additional 54% of copper by 20302 • Demand to 39 million metric tons by 20402 • Supply is only projected to rise by 16% to 25 million ton
Slide 4: Securing Canada's Electric Future
SECURING CANADA’S ELECTRIC FUTURE STERLING IS FOCUSED IMPROVING CANADA'S GLOBAL COPPER PRODUCTION PROFILE LACK OF CANADIAN COPPER RESERVES1 Canada accounts for 1% of global copper reserves WORLD RESERVES OF COPPER BY COUNTRY (2021) • Geopolitics is a major contributing factor to the shortfall of glo
Slide 5: New Frontier – Newfoundland & Labrador
NEW FRONTIER – NEWFOUNDLAND & LABRADOR TICKING THE BOXES NEEDED FOR AN IMPACTFUL DISCOVERY SCALE GRADE INFRASTRUCTURE TEAM TSXV: SAG | OTCQB: SAGGF | STERLINGMETALS.CA 5
Slide 6: Adeline Checks All the Right Boxes
ADELINE CHECKS ALL THE RIGHT BOXES A GLOBALLY SIGNIFICANT GEOLOGICAL BELT WITH IMPORTANT ROOTS OF FORMATION Rock Type: Host rocks are reduced facies marine or lacustrine rocks such as green, black, or gray shale, siltstone, thinly laminated tidal facies, or reefoid carbonate rocks, and dolomitic sh
Slide 7: Sediment Hosted Copper Deposits
SEDIMENT HOSTED COPPER DEPOSITS ACCOUNT FOR 20% OF THE WORLD’S IDENTIFIED COPPER KEY GLOBAL DEPOSIT CHARACTERISTICS1 NOTABLE GLOBAL DEPOSITS • Stratabound – copper concentrated in layers in • Lubin, Poland – 336Mt @ 0.95% Cu2 sedimentary rocks • El Soldado, Chile – P&P Mineral Reserves of 36.1 Mt •
Slide 8: Adeline: Geology and Copper Showings
ADELINE: GEOLOGY AND COPPER SHOWINGS • Copper showings principally found in Adeline Formation grey beds and underlying Salmon Lake Formation basalts • Copper mineralization is product of regional fluid flow caused by basin inversion tectonics during Grenville Orogeny and is concentrated where key st
Slide 9: Adeline: Ellis Prospect
ADELINE: ELLIS PROSPECT Historic (1956) trench sample: 2.54% Cu, 92.9 g/t Ag over 4.6m Historic (2011) drillhole: 1.76% Cu, 56 g/t Ag over 7.9m Source: Assessment Report “2011 Exploration Summary Report, Seal Lake Project, Labrador, Canada” LAB 1649, May 3, 2011, Revised July 19, 2011. The data disc
Slide 10: Adeline: Ellis IP Inversions with Topo
ADELINE: ELLIS IP INVERSIONS WITH TOPO CHARGEABILITY (PURPLE) DEMONSTRATES LARGE POTENTIAL Note: Topography on old geological section is not accurate Source: Assessment Report “2011 Exploration Summary Report, Seal Lake Project, Labrador, Canada” LAB 1649, May 3, 2011, Revised July 19, 2011. The dat
Slide 11: Sail Pond
SAIL POND SILVER, LEAD, ZINC, COPPER AND ANTIMONY – METALS FOR THE FUTURE • 12 km anomaly • Favorable geology mapped to depth of 2 km • Mineralized trend in context shows a greater than 12km mineralized area of interest • Significant high-grade drill results across 1km of strike1: • 1,564 g/t Ag, 8.
Slide 12: Sail Pond: Heimdall Zone
SAIL POND: HEIMDALL ZONE 2022 and 2023 DRILLING SHOWS POTENTIAL FOR GROWTH Plan view and longitudinal section looking west showing drilling with silver equivalent mineralization on drilling Heimdall North Zone remains open to the north TSXV: SAG | OTCQB: SAGGF | STERLINGMETALS.CA 12
Slide 13: Top Ranked Mining Jurisdiction
TOP RANKED MINING JURISDICTION WITH EXTENSIVE CANADIAN EXPLORATION EXPERTISE Adeline Cu-Ag Project • 29,700 ha, located within the Central Mineral Belt (CMB) in Labrador • 145 km northwest of Happy Valley-Goose Bay, Labrador • Access road within 70 km of the project (10min helicopter flight) • Suppo
Slide 14: Proven Team
PROVEN TEAM DISCOVERIES, OPERATIONS AND CAPITAL MARKETS Board Of Directors and Advisors Management Richard Patricio Stephen Keith Mathew Wilson Dennis Logan Chairman Director CEO and Director CFO Mark Raguz Dr. Neil O’Brien Jeremy Niemi Chris Irwin Advisor Technical Advisor SVP Exploration and Corpo
Slide 15: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure Share Price (November 10, 2023) C$0.08 52-Week Low/High C$0.06 – C$0.38 Basic Shares Outstanding 112.5M Options ~10M Warrants ($0.40 expiring May ’24) ~22.5M ($0.25 expiring April 17 ‘25) 38.2M 2023 Exploration Camp at Adeline FD Shares Outstanding ~183.2M Owners
Slide 16: Appendix
TSXV: SAG OTCQB: SAGGF Appendix
Slide 17: El Soldado, Chile
EL SOLDADO, CHILE • P&P Minerals Reserves1: 36.1 Mt at 0.76%Cu El Soldado Cu-Ag Deposit, Chile • M&I Mineral Resources1: 170.9 Mt at 0.42%Cu • Stratabound, epigenetic Cu-Ag sulphides • Mineralization as disseminations and veinlets • Zoned copper sulphides: bn-cc -> bn-cpy -> cpy-py • Overall stratab
Slide 18: Keweenawan Copper Belt, MI, USA
KEWEENAWAN COPPER BELT, MI, USA Copperwood Project1: • P&P Mineral Reserve of 25.4 Mt at 1.43% Cu, M&I Resources of 42.4 Mt at 3.84% Cu and Inferred Resources of 34.4 Mt at 1.1% Cu • Feasibility Stage • Chalcocite in grey bed type host shale Native Copper Belt: • Basalt hosted 1 Source; Reported by
Slide 19: Adeline – Exploration History (Prior to Altius)
ADELINE – EXPLORATION HISTORY (PRIOR TO ALTIUS) Years Company Methods Drilling Comments 1951- Frobisher- Prospecting 27 short • 200+ copper showings discovered 19561 Kennco Geochemistry holes • Trenching: • Extensive documentation Trenching (1743m) • Ellis: avg. of 4.2m thickness @ 1.35%Cu, 49.8 g/t
Slide 20: Adeline Project: Historic Surveys with Regional Magnetics
ADELINE PROJECT: HISTORIC SURVEYS WITH REGIONAL MAGNETICS TSXV: SAG | OTCQB: SAGGF | STERLINGMETALS.CA 20
Slide 21: Detailed Prospect Mapping & Sampling Leads to Key Structures Controlling Cu-Ag Mineralization
DETAILED PROSPECT MAPPING & SAMPLING LEADS TO KEY STRUCTURES CONTROLLING Cu-Ag MINERALIZATION Prospects Historical Drill Holes Brinex, Summary Report on Exploration During 1972 in the Seal Lake Joint Venture Area, Labrador, Sunil S. Gandhi, 1972 Noranda, First Year Assessment Report 5km (Supplementa
Slide 22: Contact Us
TSXV: SAG OTCQB: SAGGF CONTACT US Mathew Wilson Chief Executive Officer 416-643-3889 info@sterlingmetals.ca @sterlingmetals www.sterlingmetals.ca
Sterling Metals — Investor Presentation (November 2023) on 6ix